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plus, breaking news at this moment. john boehner is meeting with president obama at the white house. we have new signs today that the gop's support is crumbling. and they called it the crime of the century. five young men convicted of a heinous assault in new york's central park. the only problem sfwh they didn't do it. >>> once a juvenile is broken down, you can basically tell him anything. and, you know, they fed me the names. >> my interview with the central park five, a powerful story of injustice and fighting for what's right. you're watching po ining "polit nation" on msnbc. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a mag
plus, breaking news at this moment. john boehner is meeting with president obama at the white house. we have new signs today that the gop's support is crumbling. and they called it the crime of the century. five young men convicted of a heinous assault in new york's central park. the only problem sfwh they didn't do it. >>> once a juvenile is broken down, you can basically tell him anything. and, you know, they fed me the names. >> my interview with the central park five, a...
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but they compound the facts now. >> new fox poll show wide margin americans think president obama should have sent u.s. troops to to stop the 9/11 terror attac attack. americans are divided over the administration handling the attack with slim majority believing it amounts to coverup. earlier in week, one republican said the f.b.i. yet to interview suspect held by the tunisia authorities since third week of october. >> why are we not doing everything in our power to investigate events in benghazi that killed four americans? >> a second suspect was killed in a raid in late october on this cairo neighborhood. and the third publicly known suspect is now held by egyptian authorities. attorney general eric holder defended the criminal investigation. >> there are a range of other things that we are doing with regard to benghazi incident that we don't talk about. >> earlier today, republican congressman claimed the state department blocked his effort to meet with the benghazi survivor saying he doesn't know who are where they are. fox news reviewed the regulation to cover the state department i
but they compound the facts now. >> new fox poll show wide margin americans think president obama should have sent u.s. troops to to stop the 9/11 terror attac attack. americans are divided over the administration handling the attack with slim majority believing it amounts to coverup. earlier in week, one republican said the f.b.i. yet to interview suspect held by the tunisia authorities since third week of october. >> why are we not doing everything in our power to investigate...
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president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raising compromise together. there is no house member when they know they have to run for re-election every two years, that is going to vote for a tax increase. how would they get through a primary? >> bob: they will vote on cutting taxes on everybody but the 2%. that is politically sellable. >> dana: no. extending the bush tax cuts for everybody. it's not obama's tax cuts. >> bob: you extend it for everybody except for that group of people. >> eric: if they are not -- let me ask you. >> dana: i see. >> eric: will
president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through...
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more news on this breaking news let's go to didn'tcratic congressman kurt schrader. thanks for joining us very timely. what do you think as we see speaker boehner coming to the white house to speak with president obama. what do you think will come out of this meeting? >> i hope some progress. as you indicated there has been precious little so far. they want to get the country back on a secure footing and get jobs growing in the country. hopefully they will be able to put together. sandra: congressman, its no longer differences between both parties right now. as late as today we're hearing there are difference within the parties themselves, whether republicans. by the way, this is live pictures of speaker boehner arriving at the white house right now. as we continue to watch that, sound like we have infighting within the parties themselves. whether it's the democrats caving on the spending side, on the entitlement side, or the republicans caving on the tax side. are you seeing that infighting in washington right now? >> well, infighting is probably a harsh word. if th
more news on this breaking news let's go to didn'tcratic congressman kurt schrader. thanks for joining us very timely. what do you think as we see speaker boehner coming to the white house to speak with president obama. what do you think will come out of this meeting? >> i hope some progress. as you indicated there has been precious little so far. they want to get the country back on a secure footing and get jobs growing in the country. hopefully they will be able to put together. sandra:...
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president obama's second term cabinet starting to take shape. so first this morning bloomberg news reported that former nebraska senator republican chuck hagel is the president's top pick for defense secretary. and that -- that would be replacing bob gates. that would have left senator john kerry out of luck because u.n. ambassador susan rice was in line for the state department post. and then this bombshell... >> good day. we're coming on the air right now to break exclusive word that the united states ambassador to the united nations ambassador susan rice, has transmitted word to the president of the united states that she is withdrawing her own name from any future consideration for nomination to become perhaps the next secretary of state. >> jennifer: wow! and then president obama in response to her letter, released a statement saying... >> jennifer: he is, of course, referring to the relentless attacks from republicans who suggested that she purposely misled the country about the benghazi attack that killed ambassador christopher stevens. j
president obama's second term cabinet starting to take shape. so first this morning bloomberg news reported that former nebraska senator republican chuck hagel is the president's top pick for defense secretary. and that -- that would be replacing bob gates. that would have left senator john kerry out of luck because u.n. ambassador susan rice was in line for the state department post. and then this bombshell... >> good day. we're coming on the air right now to break exclusive word that...
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joining me now is nbc news chief white house correspondent and political director chuck todd and t"the washington post" he's nia malika henderson. do you know when the president decided with or along with ambassador rice to decide that she should formally remove herself from consideration? >> well, this is not just the story, but it was my understanding the president was never -- never asked her to do this. she came to this conclusion on her own sometime in the last 24 hours and decided it wasn't worth it, that this was causing the president a share of political problems. this was causing extra headaches that weren't necessary, so she made this decision on her own. i can tell you, the president has been conflicted on this for some time, and he'd been getting conflicting advice. some of his -- some of the political advice he had been getting is, you know, mr. president, how many fights do you want to have on the hill? democratic senators were quietly sending word to the white house, we've got a lot of heavy lifts to do for the president. a heavy lift on whatever the fiscal deal ends up
joining me now is nbc news chief white house correspondent and political director chuck todd and t"the washington post" he's nia malika henderson. do you know when the president decided with or along with ambassador rice to decide that she should formally remove herself from consideration? >> well, this is not just the story, but it was my understanding the president was never -- never asked her to do this. she came to this conclusion on her own sometime in the last 24 hours and...
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market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and the federal reserve and the fiscal cliff weighed in on this market. how do you position yourself? joining me to discuss that our guests. gentlemen, nice to have you on the program. thanks so much for joining us. let me kick this off with you in terms of allocating capital right here in the face of so much uncertainty, fiscal cliff, federal reserve. what is going to be the dominant force in terms of moving money? >> i think you don't fight the fed. i think what happened yesterday is a little bit more of the same we had this year which is the fed is going to try to keep interest rates low until it mov
market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and...
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if obama chooses senator john kerry to secede hillary clinton. we're going to talk about his chance of getting confirmed. >>> plus, identity theft victims know how much it can cost someone. but a cyber attack to sta start withdrawing money from your bank accounts. >>> some of the most prominent banks may be the targets of a master cybersecurity threat aimed at draining money out of people's accounts. what is going on? everybody's got money in the bank. >> many of us do online banking. prominent cyber security firm says this attack is being planned and has already been tested out. it's likely coming from eastern europe and has the project blitz free is being led by a mysterious russian attacker and many targeted may not even realize it. >> you're someone with a substantial amount of money in your account. you logon one day and have a smaller amount than before but you've been hacked. that could happen to thousands of americans this coming spring. a new report says some of america's biggest banks, 30 of them, are at risk of a master cyber attack th
if obama chooses senator john kerry to secede hillary clinton. we're going to talk about his chance of getting confirmed. >>> plus, identity theft victims know how much it can cost someone. but a cyber attack to sta start withdrawing money from your bank accounts. >>> some of the most prominent banks may be the targets of a master cybersecurity threat aimed at draining money out of people's accounts. what is going on? everybody's got money in the bank. >> many of us do...
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breaking news. president obama and house speaker john boehner set to meet today to discuss the fiscal cliff as the two sides have been struggling, to say the least, to reach a deal. speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders. mike, we're hearing frustration from republicans but the breaking news, 5:00 p.m. east coast time these two getting together again. >> this is critical a 5:00 meeting at the white house between the president and speaker, the two key figures in trying to hammer out a deal. the republicans were trying to make the point spending is the nature of the government's problem, not tax revenue. they prepared a chart showing spending is expected to increase from now to 2041 while tax revenue is expected to hol
breaking news. president obama and house speaker john boehner set to meet today to discuss the fiscal cliff as the two sides have been struggling, to say the least, to reach a deal. speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of...
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fox news reports former republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93 million americans hitting the highways over the holidays, just 400,000 people shy of the record set in 2006. we continue our count down to the closing bell with the woman who likes her politics the same hi way likes her martinis, shaken, not stirred. liz: no, a mojito, light on the rum, adam. get it right. >> you look like a vodka woman to me, i don't know. liz: never. can't deal with that. a rough year for jcpenney, but things changing. the stock popped, but now the stock is up more than 17% this week alone. nicole? >> what a run for a company that's been struggling, sales dwindle, less traffic, ron
fox news reports former republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93...
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during a joint news conference, panetta invited karzai to washington to meet with president obama at the white house. we are joined live from kabul. do we know president karzai's response to that invitt nation it comes at an interesting time he gave a controversial interview blaming the u.s. and nato for some of the problems he sees existing in afghanistan. >> reporter: he blamed some of the insecurity here, in part on u.s. and nato forces, their continued presence, their behavior toward the afghan people and the fact that they are still here. we don't yet know what will come of negotiations that are to be continuing next year, if karzai does, in fact, come to the states while necessary d.c. to meet with president obama. we did receive a statement from a u.s. official today on the invitation from the white house, saying that they hope that the negotiations will continue to lay out the rules of the road for a "potential u.s. military presence after 2014." and that is one of the issues that looms large over any talks between the u.s. and afghan officials these days. we know it was a to
during a joint news conference, panetta invited karzai to washington to meet with president obama at the white house. we are joined live from kabul. do we know president karzai's response to that invitt nation it comes at an interesting time he gave a controversial interview blaming the u.s. and nato for some of the problems he sees existing in afghanistan. >> reporter: he blamed some of the insecurity here, in part on u.s. and nato forces, their continued presence, their behavior toward...
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america's got a new hot spot for movies in the deep south. >> good to be with you. -iment brooke baldwin. i want to begin with a cnn exclusive. this is tough to watch, but the pictures speak volumes about what the syrian civil war is doing to its own people. this is about this teenager who defies the basic survival instinct, running away from a hail of bullets. oh, no. instead this young man who used to work in a bakery decides to crawl into the gunfire to try to save a stranger's life. this is a reality for so many syrians every single day. here's cnn, but if there children in the room, get them out now. >> a fighter slithers across the street. his body hugging the cold pavement. yards away a woman lies motionless. she has been shot by a sniper. her rescuer is not a relative nor a neighbor. he never met her. he is just 17. he knew he had to save the woman or die trying. when we met him later, he told us -- >> translator: we had a feeling she was still alive. we wanted to save her. to get her to a hospital. >> as he crawls closer, he can see her hand. her fingers sh
america's got a new hot spot for movies in the deep south. >> good to be with you. -iment brooke baldwin. i want to begin with a cnn exclusive. this is tough to watch, but the pictures speak volumes about what the syrian civil war is doing to its own people. this is about this teenager who defies the basic survival instinct, running away from a hail of bullets. oh, no. instead this young man who used to work in a bakery decides to crawl into the gunfire to try to save a stranger's life....
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obama spent to serve as secretary of defense according to several democrats briefed on the process. the same sources telling fox news picture john kerry now been talked up within the administration as a more likely nominee for secretary of state over susan rice, current u.s. ambassador to the united nations. fox was reporting right is being talked up as a potential pick for national security advisor since that position would not require senate confirmation. late breaking news on the cabinet moves. gm unveiling new 2014 chevy silverado and gmc pickups hoping the new models will drive sales for the auto giant. jeff flock live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff lev
obama spent to serve as secretary of defense according to several democrats briefed on the process. the same sources telling fox news picture john kerry now been talked up within the administration as a more likely nominee for secretary of state over susan rice, current u.s. ambassador to the united nations. fox was reporting right is being talked up as a potential pick for national security advisor since that position would not require senate confirmation. late breaking news on the cabinet...
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our new nbc news-wall street journal poll says people are fed up with the deadlock. today speaker boehner points the finger of blame at president obama. >> i have been pushing all year for us to address this problem, but here we are at the 11th hour, and the president still isn't serious about dealing with this issue right here. it's this issue. spending. >>> only 19 days left until the fiscal cliff. why are republicans letting congress go home? >> once again having a two-day workweek in the congress of the united states. you have to ask the question why are we going home instead of working very hard to forge an agreement to avoid that fiscal cliff? >> hillary clinton heads to capitol hill next week to testify about the benghazi terror attack armed with poll numbers that make her the envy of the political world. does that mean she'll run four years from now? listen to her response to barbara walters. >> what would it take to convince you to run in -- >> that's all hypothetical because right now i have no intention of running. sfoo right now at least. and a might of 1
our new nbc news-wall street journal poll says people are fed up with the deadlock. today speaker boehner points the finger of blame at president obama. >> i have been pushing all year for us to address this problem, but here we are at the 11th hour, and the president still isn't serious about dealing with this issue right here. it's this issue. spending. >>> only 19 days left until the fiscal cliff. why are republicans letting congress go home? >> once again having a...
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>> did you get that new fox viewers >> stephanie: 65% say -- including 45% of republicans say obama campaign ran and won on his pledge to rise taxes on the top-earning americans. president obama has a mandate to protect social security and medicare. and his mandate is just getting largerer. you could make a broach out of his mandate. the results give obama a mandate on his tax proposal but make it clear that the government is deeply of posed to any reforms. >> again, the tax increase is just the bush tax cuts expiring which they were meant to do two years ago! >> stephanie: 53% approval rating up from 49% in september on the specific issue of the economy, obama's approval rating is up seven points from september. [ applause ] >> stephanie: so that's why we will tell you how deeply ridiculous the boner's offer was. the president said 1.4 trillion instead of 1.6 trillion in revenue, and boner said all right! my offer is the same as before. >> my offer is -- you shut up and do what i say! give me another bourbon! >> he has no power. i don't know why he thinks he can wield something he doesn't h
>> did you get that new fox viewers >> stephanie: 65% say -- including 45% of republicans say obama campaign ran and won on his pledge to rise taxes on the top-earning americans. president obama has a mandate to protect social security and medicare. and his mandate is just getting largerer. you could make a broach out of his mandate. the results give obama a mandate on his tax proposal but make it clear that the government is deeply of posed to any reforms. >> again, the tax...
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i think obama has done a great job at setting a stage for a new kind of multi-lateralism for the u.s. as a partner in the world, and who he picks really matters. >> it matters what the public thinks of that person. susan rice is probably someone nobody knew who she was. >> some probably think she's currently the secretary. >> what's happened is if susan rice has taken a beating. we look at her favorability now in the new nbc news-wall street journal poll -- our poll -- it shows she only has a 20% favorable rating. neutral 25%. disapproval, 24%. for someone that isn't that well known, she has been associated with just this fight and just benghazi. >> the biggest number at all is most people don't know enough about her to make up their opinion. as we know, the way politics worse is that absence two sides of a debate, one side will win. if there is one piece of information, it's all been pretty negative about her so far. i do think there is a risk for republicans regardless of whether they will say that if they proceed with a pretty ugly i think there are problems with terms of tone and
i think obama has done a great job at setting a stage for a new kind of multi-lateralism for the u.s. as a partner in the world, and who he picks really matters. >> it matters what the public thinks of that person. susan rice is probably someone nobody knew who she was. >> some probably think she's currently the secretary. >> what's happened is if susan rice has taken a beating. we look at her favorability now in the new nbc news-wall street journal poll -- our poll -- it...
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then a couple days ago when president obama recognized the -- [inaudible] of syria. so there's a lot of momentum outside the country, but inside the country people are tired here in aleppo. they've been fighting here for months. they don't have electricity, they don't have water. lots of people just want the fight to end. however, on the rebel side, the fighters' side, there is some type of optimism. the momentum generated outside has boosted their spirit. but, again, there's a lot of fighting in different places throughout the city. jenna: right. it's so difficult to keep track of kids the country. how much danger are you in right now? >> well, it's very strange. it's very interesting because in some parts of the city there's no-go area. there's fighting there. if you walk down the streets, there's some sniping. but you walk about a quarter a mile, half mile from there, and regular and normal. little kids are playing soccer in the streets. people are fixing tires on cars in the garages. they're trying to keep their life normal and keep them from going insane. jenna:
then a couple days ago when president obama recognized the -- [inaudible] of syria. so there's a lot of momentum outside the country, but inside the country people are tired here in aleppo. they've been fighting here for months. they don't have electricity, they don't have water. lots of people just want the fight to end. however, on the rebel side, the fighters' side, there is some type of optimism. the momentum generated outside has boosted their spirit. but, again, there's a lot of fighting...
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ed henry tried to get a comment from president obama himself. this is new video just in. spin it how are you doing, sir four that how are you feeling about a deal? optimistic? >> still in progress. dennis: lori rothman and adam shapiro will have more on those talks at the top of the hour. cheryl: washington state talking bucking the national foreclosure rate. the office it was for southern california. home sales volume was up 14% year over year. california governor gerri brown is not wasting any time. the 74-year-old governor is undergoing radiation treatment. his oncologist says his prognosis is -- that is your west coast minute. dennis: general orders is unveiling a new line of pickup trucks. jeff flock has the story. jeff: that is the new chevy silverado. it is the number one seller. it has these new engines and it. they will shut down four of the cylinders if you do not need all the power. saves on gas. very good. this harkens back to the old days. it was a loud unveiling. they flew up some rocks. it was kind of a cool thing. gm already has, 250,000 unsold pickup truc
ed henry tried to get a comment from president obama himself. this is new video just in. spin it how are you doing, sir four that how are you feeling about a deal? optimistic? >> still in progress. dennis: lori rothman and adam shapiro will have more on those talks at the top of the hour. cheryl: washington state talking bucking the national foreclosure rate. the office it was for southern california. home sales volume was up 14% year over year. california governor gerri brown is not...
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that is adding to president obama's steam here. he believes he has it. >> kristen welker at the white house and mike. we're waiting for john boehner there live. >>> in political wire, a new strategy memo saying the gop has, quote, run out of persuadable white voters. for the fifth time in the past six presidential elections, republicans have lost the political vote. politico has a perspective saying i think we did a great job. unfortunately, i think the other side did a great job for four years. >>> and huffington post, is going to arrest lady gaga. why? for promoting lggt rights. weekly briefing. >> the president has not make a deal that meets those two standards but republicans have. his proposals have been anything but. he wants far more in tax hikes than spending cuts. and instead of trying to solve our debt problem, he wants new stimulus spending and the ability to raise the debt limit whenever he wants without tax cuts or reforms. it's clear the president is just not serious about cutting spending. but spending is the problem
that is adding to president obama's steam here. he believes he has it. >> kristen welker at the white house and mike. we're waiting for john boehner there live. >>> in political wire, a new strategy memo saying the gop has, quote, run out of persuadable white voters. for the fifth time in the past six presidential elections, republicans have lost the political vote. politico has a perspective saying i think we did a great job. unfortunately, i think the other side did a great job...
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if such weapons are used, president obama has vowed the u.s. will respond. >>> and some new clues this morning, as police try to figure out why a young man went on that shooting rampage inside a mall in oregon, killing two people before taking his own life. stunned friends of 22-year-old jacob roberts, who you see here, describe him as happy and good-natured. although, admit he changed in recent weeks. his ex-girlfriend, says roberts suddenly quit his job, sold his things, portland to move to hawaii. a photo on his facebook page, including the phrase, follow your dreams, with the word canceled across it. more details as they become available for you. >>> and serious differences remain. that's the word from house speaker john boehner as the country inches closer to the fiscal cliff, tax increases and spending cuts that take effect at year's end. few signs of compromise are an apparent meeting. this may extend through the holidays. also in jeopardy, some $60 billion in hurricane sandy recovery aid. >>> speaking of money for hurricane victims, roc
if such weapons are used, president obama has vowed the u.s. will respond. >>> and some new clues this morning, as police try to figure out why a young man went on that shooting rampage inside a mall in oregon, killing two people before taking his own life. stunned friends of 22-year-old jacob roberts, who you see here, describe him as happy and good-natured. although, admit he changed in recent weeks. his ex-girlfriend, says roberts suddenly quit his job, sold his things, portland to...
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. ♪ >>> president obama is unleashing a new tactic to pressure congress into a budget deal. he's going local. the president are hosted a call wednesday with the bipartisan group of mayors and community leaders from of course the country. only three mayors were part of the question and answer session. joining me is one of those mayor, mayor r.t. rybak of minneapolis. good to see you. >> good to be here. >> what did you ask? >> i asked the president, what do you really want? what he really wants for us to say at christmastime we should have people come together, and they can in washington. and the key piece here is the president would ask the american people for the past year, he said we can solve this problem, but we have to make a choice. we either have to put the burden on the middle class who are already burdened or ask those on the top end to give a little more. there was no question in the last election, mitt romney said himself, the choice we have, the american people spoke. they said solve this problem, and they said solve it in part by starting with the idea that thos
. ♪ >>> president obama is unleashing a new tactic to pressure congress into a budget deal. he's going local. the president are hosted a call wednesday with the bipartisan group of mayors and community leaders from of course the country. only three mayors were part of the question and answer session. joining me is one of those mayor, mayor r.t. rybak of minneapolis. good to see you. >> good to be here. >> what did you ask? >> i asked the president, what do you...
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stuart: new at 10:00, president obama wants to keep spending. ben wants to keep printing and the voters say please stop. new numbers on debt and what voters want to come out of any deal out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company: recovering investment banker. charles payne is here and nicole petallides always on the floor of the new york stock exchange. thursday morning, i will say it again, dead flat for the dow jones industrial average. and we have dead flat, the rate on 30 year mortgages from freddie mac actually it's down a tad, 3.32%. how's that for a 30 year? i've been saying this for weeks now, who would have thought. here's another number for you, the u.s. government spent 172 billion dollars more than it took in, during november alone. that means we're very likely headed for another trill
stuart: new at 10:00, president obama wants to keep spending. ben wants to keep printing and the voters say please stop. new numbers on debt and what voters want to come out of any deal out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company:...
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president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. >> we'll stay here right through the new year and make sure we resolve this in an acceptable way for the american people. >> the fed chair ben bernanke says just the threat of a "fiscal cliff" is already creating uncertainty in the economy. and that is not good for the stock market. >>> "fiscal cliff" negotiations though are throwing a wrench into year end tax planning, as well. >> but there are plenty of actions to take starting with changes of tax laws that expire at the and of the year. jill schlesinger, editor at large for cbsmoneywatch.com joins us now with information on tax laws that expire at the end of the year. >> good morning. >> first start with people trying to reduce their mortgage debt. >> reporter: this is really interesting because homeowners who have restructured their mortgage debt since the housing crash have enjoyed a big benefit. no tax on the amount of debt th
president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. >> we'll stay here right through the new year and make sure we resolve this in an acceptable way for the american people. >> the fed chair ben bernanke says just the threat of a "fiscal cliff" is already creating uncertainty in the economy. and that is not good for the stock market. >>> "fiscal...
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president obama congressional republicans stuck on taxes. new "wall street journal"/nbc news poll shows a majority of americans are siding with the president on this one and republicans poll we're seeing a big shift a majority favor compromise. white house correspondent brianna keilar has been following the negotiations which are said to be tense with 19 days to go over the cliff. good morning. >> reporter: good morning. it appears so far the parties here haven't gotten the message on compromise. i would say they're very far apart. they continue to talk, staff between the white house and house republicans are talking. president obama and the speaker have had conversations in recent days, but when you listen to how john boehner has described those conversations, sunday he said that their talk was cordal and then he described his tuesday conversation with the president as deliberate and frank, so it doesn't take much to read between the lines there and see that things haven't gone really in the right direction here in the last couple of days.
president obama congressional republicans stuck on taxes. new "wall street journal"/nbc news poll shows a majority of americans are siding with the president on this one and republicans poll we're seeing a big shift a majority favor compromise. white house correspondent brianna keilar has been following the negotiations which are said to be tense with 19 days to go over the cliff. good morning. >> reporter: good morning. it appears so far the parties here haven't gotten the...
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so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticipation, there is no agreement. congressional leaders told lawmakers not to make holid
so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year....
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obama is offering a for "new york times as much in tax increases as phony spending cuts. the opposite ratio of what they cheated reagan and bush with, he's trying to cheat mitch mcconnell with. almost no spending restraint at all. i understand why some people think out loud about hypothetical. the challenge is for those republicans who say i might do this if you did that, is the new york times takes the first of foia words , "i might raise taxes"and, they put you in the category and they don't listen to the serious and sophisticated comments of some of the congress people have said about this large a spending cut. so, tactically, it's a mistake. nobody here is the spending cuts you are talking about, because you get cut off after you say i will raise taxes. end of conversation. they put you on the tax increases. it's not fair to some of those guys. the good news is, these are the same people who two years ago made the same, we were doing the budget control act with the debt ceiling increase. we might do this. the republicans did not do that. i think we are in very good sh
obama is offering a for "new york times as much in tax increases as phony spending cuts. the opposite ratio of what they cheated reagan and bush with, he's trying to cheat mitch mcconnell with. almost no spending restraint at all. i understand why some people think out loud about hypothetical. the challenge is for those republicans who say i might do this if you did that, is the new york times takes the first of foia words , "i might raise taxes"and, they put you in the category...
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president obama now has asked the congress for $60 billion in supplemental funding for new jersey and new york particularly. i think connecticut maybe too. for the damage for hurricane sandy. he's doing that at the request of the governors there and republicans in congress are now saying do they really need that much money? was there really that much damage to hurricane sandy? haven't they been watching tv? >> they've been dodging the question about whether they should offset the cost of it. i think when -- i think boehner has so much on his plate right now. that he's going to let this through. he just doesn't want to say it. but you know, obviously this is another thing that conservatives are pushing for. so it's a tough spot. especially because i had forgotten about cantor and that damage when he said back then. he kind of retreated subsequently because he got flak for it. >> bill: here's what i would like to see. i would like to see whoever these members of congress are republicans in congress that are questioning the amount of storm damage in new jersey, i would like to see them s
president obama now has asked the congress for $60 billion in supplemental funding for new jersey and new york particularly. i think connecticut maybe too. for the damage for hurricane sandy. he's doing that at the request of the governors there and republicans in congress are now saying do they really need that much money? was there really that much damage to hurricane sandy? haven't they been watching tv? >> they've been dodging the question about whether they should offset the cost of...
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>> republican insiders tell this to nbc news. >> it's not helpful. >> okay. just saying. >> i'm saying it's not helpful, the fact that there are tense conversations on the phone and we know about those tense conversations? >> want to know about john boehner? >> sure. >> do we have the boehner sound bite? roll it. >> the president and i had a deliberate call yesterday and we spoke honestly and openly about the differences that we face. but the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> we can bring a bill to the floor that the republicans don't have to vote for except for 25. hi to do it as speaker. do you know what it was like for me to bring a bill to the floor to fund the war in iraq? it's tough. but you have to do it. is the point you don't want to put your members on the spot, figure it out. we did. figure it out. >> figure it out, richard, when both sides are dealing with each other in good faith and i think it's important to note that the president was at one point $6 trillion. he's at $1.4 trill
>> republican insiders tell this to nbc news. >> it's not helpful. >> okay. just saying. >> i'm saying it's not helpful, the fact that there are tense conversations on the phone and we know about those tense conversations? >> want to know about john boehner? >> sure. >> do we have the boehner sound bite? roll it. >> the president and i had a deliberate call yesterday and we spoke honestly and openly about the differences that we face. but the...
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fox news polls are not just of fox news viewers. theses of americans in general. that said majority of all americans believe that we have a spending problem. the second point is there is cognitive dissidents. michigan votes over whelming for president obama, and yet now it is it a right to work state. voters wanted that which tends to be a republican ideal. wait a minute, people voted for president obama and they believed his message to tax people more . but asked what is the real problem, they say spending . >> the president did win the election and get in the way back machine and take you to the first press congress. he said i got got reelect that moneys i have jack up the taxes. >> when it comes to the deficit i argued to a balanced approach and part of that made sure the wealthiest americans pay more . every voters understood that was an important debate and the majority of the voters agreed with me. more voters agreed with me on this issue than voted for me. >> gretchen: if income taxes go up, should president obama make spending cuts as well? 90 percent said
fox news polls are not just of fox news viewers. theses of americans in general. that said majority of all americans believe that we have a spending problem. the second point is there is cognitive dissidents. michigan votes over whelming for president obama, and yet now it is it a right to work state. voters wanted that which tends to be a republican ideal. wait a minute, people voted for president obama and they believed his message to tax people more . but asked what is the real problem, they...
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president obama and congressional republicans seem to be digging in on taxes, but a new poll shows an overwhelming majority of americans are siding with the president now. the republicans polled we are seeing a big shift, a majority now favor a compromise. brean breanna kehler is following this intense negotiation. we only have 19 days to go and it's looking like it's not going to happen. >> reporter: it's coming up fast. speaker boehner and the president are still talking, but while the speaker characterized his conversation with the president sunday as cordial, he described his conversation tuesday as frank and deliberate, so decipher that and you realize things that in the last couple of days have deteriorated. both the white house and the speaker were asked about reports that the discussion on tuesday was intense, and that's something that the white house didn't dispute. >> i'd simply say that we confirmed the call. one in a series of conversations as well as a meeting, as you know, recently the president has had with the speaker aimed towards the effort of trying to find some com
president obama and congressional republicans seem to be digging in on taxes, but a new poll shows an overwhelming majority of americans are siding with the president now. the republicans polled we are seeing a big shift, a majority now favor a compromise. brean breanna kehler is following this intense negotiation. we only have 19 days to go and it's looking like it's not going to happen. >> reporter: it's coming up fast. speaker boehner and the president are still talking, but while the...
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we have an abc news poll, fox news poll. i think overwhelmingly, the majority of americans support president obama on raising the taxes on the wealthiest. but i thought this was interesting. a majority of republicans think cuts to entitlement programs, should be made now, even if it's tough on families. but democrats think they should be continued to be funded at their current levels, even if it means passing on trillions of dollars of debt to future generations. >> that is the fox news poll just to be clear. >> that is the fox news poll. >> you would think if the issue is the president ran on the idea of raising tax rates for the wealthy, got re-elected on that idea of raising tax rates for the wealthy, the majority of americans seem to support that, even now, in the midst of the negotiations. isn't it time to seal the deal and be done? the white house seems to be taking the stance that until you agree not just to raise tax revenue and tax rates, that is where the president is going to put his feet in the cement on the issu
we have an abc news poll, fox news poll. i think overwhelmingly, the majority of americans support president obama on raising the taxes on the wealthiest. but i thought this was interesting. a majority of republicans think cuts to entitlement programs, should be made now, even if it's tough on families. but democrats think they should be continued to be funded at their current levels, even if it means passing on trillions of dollars of debt to future generations. >> that is the fox news...
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the warning comes after president obama talked with boehner last night on the phone. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say he couldn't be president because of his weight. he pushed back at his critics in an interview with abc's barbara walters. the republican governor is rumored to be considering a bid for the white house in 2016. >>> and, anderson, pope benedict xvi blessed his internet followers in his first tweet today. the pontiff has nearly 1 million followers on this english twitter page alone. and has many other accounts in several other languages. some say he is the coolest pope in history. >> isha, thanks very much. >>> a former u.s.afghanistan. now, his parents fear he may die in a mexican prison. they're pleading for his safe return after what began as a surfing trip, it's turned into a nightma nightmare. w? >>> a new twist in the bizarre story of millionaire internet pioneer john mcafee. police in belize want to quest
the warning comes after president obama talked with boehner last night on the phone. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say he couldn't be president because of his weight. he pushed back at his critics in an interview with abc's barbara walters. the republican governor is rumored to be considering a bid for the white house in 2016. >>>...
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the latest nbc news/wall street journal poll shows 68% of americans believe president obama has a mandate to keep the tax cuts for those making less than $250,000 a year. 65% said the president's mandate is to raise taxes on the wealthy and reduce spending at the same time. 59% say the mandate is to raise taxes on the top 2%. now, president obama's approval rating also on a roll. he is now at a three-year high. you know what this is? leverage. the president is also getting support from powerful business leaders that he met with last week. top ceos sent a letter to congressional leaders, urging them to strike a deal and avoid going over the fiscal cliff. there were strong warnings about jumping off the cliff today. federal reserve chairman ben bernanke said failure to strike a deal would cause huge damage to the economy. >> if the economy actually went off the fiscal cliff, our assessment, the cbo's assessment, outside forecasters all think that would have very adverse effects on the economy and on the unemployment rate. we cannot offset the full impact of the fiscal cliff. it's just too b
the latest nbc news/wall street journal poll shows 68% of americans believe president obama has a mandate to keep the tax cuts for those making less than $250,000 a year. 65% said the president's mandate is to raise taxes on the wealthy and reduce spending at the same time. 59% say the mandate is to raise taxes on the top 2%. now, president obama's approval rating also on a roll. he is now at a three-year high. you know what this is? leverage. the president is also getting support from powerful...
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this should be a compromise time and obama should get the tax hike on the upper 2%. people talk about a teachable moment. this is a teachable month. this is taking a long time. it hurts republicans because people are seeing the intransigents and seeing who is in the way of recovery. >> there is a new theory about the pace of things. chris van hollen thinks it has something to do with speaker boehner's future. >> i am getting increasingly concerned that one of the reasons the speaker is deciding to, i think, spring out these discussions is that he wants to wait until january 3rd, when the election for speaker takes place. >> krystal, that's the kind of thing i wish i thought of. i've been seeing this thing as being a january 3rd or 4th reality point for negotiations. i wish i would have caught that point. that's a good point. >> here is something that you did think of when you were so kind as to grace us with you being on our show. >> the cycle at 3:00 p.m. >> thank you. >> sometime last week. you were talking about how john boehner got some control of his caucus by d
this should be a compromise time and obama should get the tax hike on the upper 2%. people talk about a teachable moment. this is a teachable month. this is taking a long time. it hurts republicans because people are seeing the intransigents and seeing who is in the way of recovery. >> there is a new theory about the pace of things. chris van hollen thinks it has something to do with speaker boehner's future. >> i am getting increasingly concerned that one of the reasons the speaker...
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toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative of the syrian people in opposition to the assad regime. >> reporter: u.s. officials confirm that this week's fighting showed that the conflict is escalating. >> we're seeing use of another weapon, a barrel bomb, that is contains flammable materials, a napalm-like thing. >> reporter: the move to recognize elements of the syrian opposition, brought to a rebuke from russian foreign minister whose government has backed negotiation between the syrian president al-assad and the opposition, given u.s. involvement in libya and iraq to bring down their dictators, analysts predict big divisions between the white house and the russians. >> they are determined to preserve their ties to -- >> reporter: while administration downplays the leadership role this leader shows gee add hists, -- jihaddists on the ground in syria, this man s
toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative of the syrian people in opposition to the assad regime. >> reporter: u.s. officials confirm that this week's fighting showed that the conflict is escalating. >> we're seeing use of another weapon, a barrel bomb,...
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the speaker pro tempore: the gentlelady from new york. ms. slaughter: mr. speaker i'm pleased to yield two minutes to the gentleman from minnesota, mr. wauleds. the speaker pro tempore: the gentleman is recognized for two minutes. mr. waums: thank you mr. speaker. -- mr. walz: thank you mechanic. -- mr. speaker. my discharge petition at the zesk a discharge petition the american people spoke loudly in. we faced an election and the message is clear to me, why do you continue to bicker and make these ka bouquet dance statements with one another when it shouldn't be that difficult. we came out of a constitutional convention, when i asked james madison what the secret to this new government was, compromise, compromise, compromise. to sit here and do what we're doing, not bringing this forward and releasing the tension on the middle class, making sure the economy knows there's stability amongst taxes, is holding our economy back. it's insulting to the american people. s that nation that won two world wars. this is a nation that split the atom. this is a nation t
the speaker pro tempore: the gentlelady from new york. ms. slaughter: mr. speaker i'm pleased to yield two minutes to the gentleman from minnesota, mr. wauleds. the speaker pro tempore: the gentleman is recognized for two minutes. mr. waums: thank you mr. speaker. -- mr. walz: thank you mechanic. -- mr. speaker. my discharge petition at the zesk a discharge petition the american people spoke loudly in. we faced an election and the message is clear to me, why do you continue to bicker and make...
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that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last night. now some house republicans are vowing to work through the holidays to get the deal done. ed henry is live at the white house. that's a motivator i suppose, lose your christmas. >> normally when there is a holiday like that, you're right. this forces them to come to the table. right now they are still pretty far apart. there was a phone call you last night between the president and the speaker. officials on both sides telling me tonight the call was pretty tense because the bottom line is they are still not finding common ground. you listen to the speaker today, jay carney from the white house podium, they're still saying that they're farther apart on both spending cuts and tax increases. take a listen. >> mainly tax hikes. and as planned is it not begin to solve our debt crisis. it actually increases sp
that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last night. now some house republicans are vowing to work through the holidays to get the deal done. ed henry is live at the white house. that's a motivator i suppose, lose your christmas. >> normally when there is...
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new evidence today that president obama is in a strong position in this nation's fight for fairness. and republicans are on the losing end of this fight. now, new polls show 65% of americans believe the president does have a mandate to raise taxes on the wealthy. 62% say he's got a mandate to protect medicare. and 64% says he's got a mandate to protect social security. that is a winning hand. the president has it and he knows it. >> i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> and get this. 160 ceos from america's biggest companies are also now saying it's time to raise taxes on the rich. but, speaker john boehner is sticking to his talking points; at least publically. he's refusing to budge. >> the longer the white house slow walks this discussion, the pa closer we get to this year's fiscal close. >> boehner can blame the president all he wants. the reality is americans want to compromise. a new nbc wall street journal shows 65% want both sides to come together and make a deal. but that's n
new evidence today that president obama is in a strong position in this nation's fight for fairness. and republicans are on the losing end of this fight. now, new polls show 65% of americans believe the president does have a mandate to raise taxes on the wealthy. 62% say he's got a mandate to protect medicare. and 64% says he's got a mandate to protect social security. that is a winning hand. the president has it and he knows it. >> i'm pretty confident that republicans would not hold...
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. >>> and we're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are prett
. >>> and we're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most...
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the same day that barack obama won the state by ten points. i wonder your paper and the detroit news has been absolutely killing them over this. the free press has been killing snyder over this and endorsed him and turned completely. i wonder if that is indicative of a backlash this is not about the law itself. is there a backlash about the way it's happening and he said he wouldn't do this and a lame duck session. is there a backlash about the way this happened? >> absolutely. everyone is pretty angry about that. up until last tuesday, governor snyder said this was not on his agenda. it was too devicive and didn't want to deal with it. he came back and said it's on my agenda for a thoughtful discussion and by thursday the house and senate passed it without any public hearings and input or committee hearings. people are upset about how it was passed. republican had to get it done in the lame duck. after january they may not have been able to get it done. the republicans still will have a majority in january, but they lost five seats in the sta
the same day that barack obama won the state by ten points. i wonder your paper and the detroit news has been absolutely killing them over this. the free press has been killing snyder over this and endorsed him and turned completely. i wonder if that is indicative of a backlash this is not about the law itself. is there a backlash about the way it's happening and he said he wouldn't do this and a lame duck session. is there a backlash about the way this happened? >> absolutely. everyone...
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president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i don't know exactly where they're headed but we're headed for higher taxes. the palmy days for the rich when the taxes got lower and lower and lower in the bush administration are over. the happy times that the country -- we're going to have higher income taxes, much, much higher estate taxes, i suspect. the good times for those who have money to burn, well, they'll still have money to burn, but not quite as much money to burn. there have to be revenue increases. there has to be tax rate increases. i hate to say it, i'm a modestly upper income taxpayer myself, i hate
president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i...
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president obama calls it a big step in a new interview. the president recognizes the syrian opposition for the first time. >> the syrian opposition coalition is now inclusive enough and reflective and representative enough of the syrian population. >> the "new york times" said the announcement draws a sharper line between the elements of the opposition and the u.s. supports and rejects. i will talk to bobby gauche. a "wall street journal" poll being released tonight, the question, do you think leaders in congress should compromise or stick to their positions when it comes to the budget deficit? that is the question. how would you answer? we will show you the results of our poll. i will show you the conversations on twitter. it's on tamronhall. the holidays are here and we're here with cyreeta talking about the walmart low price guarantee. that's your receipt from another store? it is! let's put it to the test. alright! that's walmart's everyday low price. get out! ok, but i'm taking these! ready? yes. there you have it! that much? that's t
president obama calls it a big step in a new interview. the president recognizes the syrian opposition for the first time. >> the syrian opposition coalition is now inclusive enough and reflective and representative enough of the syrian population. >> the "new york times" said the announcement draws a sharper line between the elements of the opposition and the u.s. supports and rejects. i will talk to bobby gauche. a "wall street journal" poll being released...
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the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the outstanding job he's done during his time of service on the committee. . the speaker pro tempore: the gentleman from illinois is recognized for such time he may consume. mr. walsh: thank you, madam speaker. the i thank chairman king. earlier this year i introduced the no hassle flying act legislation, brought to our attention by the transportation security administration. senators clow by car from minnesota and blunt from missouri introduced my language in the senate and this is the bill we are considering today. over the past decade t.s.a. has classified 14 foreign airports as precleared for security purposes. these airports are routinely checked by t.s.a. to ensure their screening procedures for both people and bags meet the high standards of the united states. as such, passengers originating from these airports and returning to the uni
the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the outstanding job he's done during his time of service on the committee. . the speaker pro tempore: the gentleman from illinois is recognized for such time he may consume. mr. walsh: thank you, madam speaker. the i thank chairman king. earlier this year i introduced the no hassle flying act legislation, brought to our...
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bbc world news america anchor and former traveling press secretary for the obama campaign jen socky. this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house tells nbc news the proposal included a permanent extension of the bush tax cuts. that is highly unlikely to fly, given the hard line the president has taken on tax rates and what he told ba
bbc world news america anchor and former traveling press secretary for the obama campaign jen socky. this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original...